The impact of information sharing in a two-level supply chain with multiple retailers

نویسندگان

  • T. C. Edwin Cheng
  • Y. N. Wu
چکیده

Information sharing is an important component of cooperation in supply chain management. This paper presents a study to evaluate the impact of information sharing on inventory and expected cost in a two-level supply chain with multiple retailers. Three levels of information sharing are given and the optimal inventory policy under each level is derived. We show that both the inventory level and expected cost of the manufacturer decrease with an increase in the level of information sharing.

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Coordination of Information Sharing and Cooperative Advertising in a Decentralized Supply Chain with Competing Retailers Considering Free Riding Behavior

This paper studies a decentralized supply chain in which a manufacturer sells a common generic product through two traditional and online retailers under free riding market. We assume that the traditional retailer provides the value added services but the online retailer does not. Factors such as retail prices, local advertising of the retailers, global advertising of the manufacturer and servi...

متن کامل

Incentive mechanism based on cooperative advertising for cost information sharing in a supply chain with competing retailers

This paper proposes a new motivation for information sharing in a decentralized channel consisting of a single manufacturer and two competing retailers. The manufacturer provides a common product to the retailers at the same wholesale price. Both retailers add their own values to the product and distribute it to consumers. Factors such as retail prices, values added to the product, and local ad...

متن کامل

Optimal (R, Q) policy and pricing for two-echelon supply chain with lead time and retailer’s service-level incomplete information

Many studies focus on inventory systems to analyze different real-world situations. This paper considers a two-echelon supply chain that includes one warehouse and one retailer with stochastic demand and an up-to-level policy. The retailer’s lead time includes the transportation time from the warehouse to the retailer that is unknown to the retailer. On the other hand, the warehouse is unaware ...

متن کامل

A bi-level programming approach to coordinating pricing and ordering decisions in a multi-channel supply chain

This paper investigates the Stackelberg equilibrium for pricing and ordering decisions in a multi-channel supply chain. We study a situation where a manufacturer is going to open a direct online channel in addition to n existing traditional retail channels. It is assumed that the manufacturer is the leader and the retailers are the followers. The situation has a hierarchical nature and...

متن کامل

A System Dynamics Model for Joint Upstream and Downstream Partner Selection in a Supply Chain Consisting of Suppliers and Retailers

Firms no longer compete as autonomous entities and prefer to join in a supply chain alliance to take advantage of highly competitive business situation. Supply chain coordination has a great impact on strategic partnering and success of a firm in competitive business environment. In this paper, we propose a system dynamics simulation model for strategic partner selection in supply chain. Our mo...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

عنوان ژورنال:
  • JORS

دوره 56  شماره 

صفحات  -

تاریخ انتشار 2005